(c) The possession, use and operation of the Aircraft shall be at the sole risk and expense of
Lessee. Lessee acknowledges that it accepts full “operational control” of the Aircraft (as defined
in the Federal Aviation Regulations (**“FAR”**). Lessee agrees that the Aircraft will be used and
operated: (i) in compliance with any and all statutes, laws, ordinances, regulations and standards
or directives issued by any governmental agency applicable to the use or operation thereof; (ii) in
compliance with any airworthiness certificate, license or registration relating to the Aircraft
issued by any agency; (iii) in compliance with all safety and security directives of the FAA and
similar government regulations relating to aircraft security; and (iv) in a manner that does not
modify or impair any existing warranties on the Aircraft or any part thereof. Lessee will operate
the Aircraft predominantly in the conduct of its business and will not use or operate, or permit
the Aircraft to be used or operated, (aa) in violation of any United States export control law,
(bb) in a manner wherein the predominant use during any twelve month period is for a purpose other
than transportation for Lessee, its affiliates or its customers, or in a manner, for any time
period, such that Lessor or a third party shall be deemed to have “operational control” of the
Aircraft (except as otherwise expressly permitted hereunder), or (cc) for the transport of mail or
contraband. The Aircraft will, at all times be operated by duly qualified pilots holding at least
a valid pilot certificate for aircraft having the same weight as the Aircraft and instrument rating
and any other certificate, rating, type rating or endorsement appropriate to the Aircraft, purpose
of flight, condition of flight or as otherwise required by the FAR. Every pilot of the Aircraft